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Apr 03, 2021
Sturm Ruger Q1 2021 Earnings Report
Reported diluted earnings of $2.16 per share and declared quarterly dividend of 86¢ per share.
Key Takeaways
Sturm, Ruger & Company reported net sales of $184.4 million and diluted earnings of $2.16 per share for the first quarter of 2021, compared to $123.6 million in net sales and $0.87 per share in diluted earnings for the first quarter of 2020. The company also declared a dividend of 86¢ per share for the first quarter.
Net sales for Q1 2021 were $184.4 million, compared to $123.6 million in Q1 2020.
Diluted earnings per share for Q1 2021 were $2.16, compared to $0.87 in Q1 2020.
The Board of Directors declared a dividend of 86¢ per share for the first quarter.
The Ruger Max-9, a versatile 9mm pistol, was introduced in March and met with tremendous excitement.
Forward Guidance
The company plans to begin shipping Marlin lever action rifles in the fourth quarter.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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